AuRico Gold Inc (AUQ.TO)

PAST TOP PICK
(A Top Pick Nov 5/09. Down 31%.) Sold his holdings when it broke below its 200 day moving average.
BUY
Chart shows a 5-wave pullback, which is now completed and has support at $5.30. In a sector that is favourable. Once it gets above its current level it should work higher.
HOLD
Has come off quite dramatically and he has been looking at it. Has a strike at one mine as well as some operational difficulties. Didn't achieve objectives in the last couple of quarters. Open pit has a 5-year life and then they'll have to go underground. A “show me” story.
DON'T BUY
There are better resource bases out there that you could invest in.
BUY ON WEAKNESS
Had a labour issue a couple of weeks ago. Have a descent sized gold deposit. Some bad luck as far as operations. Ha some doubts about their ability to manage these issues. He would start looking around a digging if it were at the right price.
DON'T BUY
Gold. Just fired a lot of people in a mine in Mexico and the stock fell 9%. Gold prices have been hitting all-time highs versus the producers. Would rather own the commodity.
PAST TOP PICK
(Top Pick Nov 5/09) Should have got out when it broke the trend line. $7 is an important support level.
DON'T BUY
Has not been a good performer over the years with a lot of misses on their production. Costs have been going up quite a bit too. There are so many other great gold stories out there. At some point in time, he will Short this one.
DON'T BUY
Have had a lot of revisions downwards by analysts in terms of its forward earnings. Below the 50 and 200 day moving averages.
HOLD
Has positive cash flow, in turnaround mode, revenues have gone up, good turnaround candidate. He would not sell it if he owned it.
DON'T BUY
Have had a tough time getting their mine working. Veins are not hanging together as they would like and there is a lot more dilution in the open pit portion of it. Having trouble with high-grade getting mixed in with low.
BUY
Gold/Silver. Looks very attractive. Very good earnings. If gold starts moving up, some of the companies will leverage up and do better than the price of gold bullion itself.
TOP PICK
Gold is tremendous and the stock made a “true” inverse head and shoulders and is now breaking through the neckline. Could easily be $15-$17.
BUY ON WEAKNESS
Impressive new management. After years of going sideways they are finally moving their project forward. Good production profile. Good valuation. Stock could weaken off here.
BUY
(Market Call Minute) New Management
Showing 16 to 30 of 44 entries